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Bullboard - Stock Discussion Forum Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral Medical Inc. is a Canada-based late-stage theragnostic company advancing therapeutic options for sepsis and septic shock. The Company develops and commercializes a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) diagnostic and the Toraymyxin therapeutic (PMX). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the... see more

TSX:EDT - Post Discussion

Spectral Medical Inc > Email to Daniel Pavlovich and BOD
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Post by Lonterm on Aug 02, 2021 4:25pm

Email to Daniel Pavlovich and BOD

Taking cue and various posts from this board I emailed the counsel for Spectral questioning the management participation in the bought deal when they should be in a blackout period and also bought attention to the MOC trades with a closing price of .44c in June and July pointing to Bought deal pre-marketing with a pointer that this deal stincks and may need to be investigated by IIROC-
Comment by Accountprince on Aug 04, 2021 9:26am
Thanks Lonterm.  Kindly let us know what they tell you as I'm sure all the public shareholders also want to know.  The counsel (and BOD for that matter) were all intimately involved in this bought deal and are standing behind exemptions. We are all curious as to what they feel exempts them from obvious provisions of securities legislation put in place to protect the integrity of the ...more  
Comment by Rickkie on Aug 04, 2021 10:32am
  The TSXV is regulated by the Investment Industry Regulatory Organization of Canada (IIROC). The excerpt below can be found at the IIROC website at https://www.iiroc.ca/markets/trade-surveillance/trading-halts-timely-disclosure I suspect that we will hear there was no breach of the rules regarding the recent bought deal.   ========================================================== ...more  
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